Algorand Price Reaches $0.13 on Major Exchanges (ALGO)

Algorand (ALGO) traded 0.3% lower against the US dollar during the one day period ending at 13:00 PM Eastern on September 14th. Algorand has a total market capitalization of $1.09 billion and approximately $18.05 million worth of Algorand was traded on exchanges in the last 24 hours. During the last week, Algorand has traded up 8.3% against the US dollar. One Algorand coin can now be purchased for $0.13 or 0.00000220 BTC on popular cryptocurrency exchanges.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded 3.1% higher against the dollar and now trades at $25.46 or 0.00042505 BTC.
• NEAR Protocol (NEAR) traded 1.7% lower against the dollar and now trades at $4.23 or 0.00007054 BTC.
• Internet Computer (ICP) traded up 1.7% against the dollar and now trades at $8.64 or 0.00014428 BTC.
• Cronos (CRO) traded 0.6% higher against the dollar and now trades at $0.0819 or 0.00000137 BTC.
• Hedera (HBAR) traded down 1.3% against the dollar and now trades at $0.0518 or 0.00000087 BTC.
• Cosmos (ATOM) traded down 0.6% against the dollar and now trades at $4.21 or 0.00007027 BTC.
• Fetch.ai (FET) traded 0.3% higher against the dollar and now trades at $1.37 or 0.00002291 BTC.
• Akash Network (AKT) traded up 0.7% against the dollar and now trades at $2.48 or 0.00004143 BTC.
• Theta Fuel (TFUEL) traded 3.3% higher against the dollar and now trades at $0.0616 or 0.00000103 BTC.
• Kava (KAVA) traded down 1.6% against the dollar and now trades at $0.31 or 0.00000524 BTC.

Algorand Profile

Algorand (ALGO) uses the hashing algorithm. Its genesis date was June 11th, 2019. Algorand’s total supply is 10,000,000,000 coins and its circulating supply is 8,249,109,560 coins. Algorand’s official Twitter account is @algofoundation and its Facebook page is accessible here. The Reddit community for Algorand is https://reddit.com/r/algorandofficial and the currency’s Github account can be viewed here. Algorand’s official website is algorand.foundation. The official message board for Algorand is forum.algorand.org.

According to CryptoCompare, “Algorand (ALGO) is a decentralized, permissionless blockchain protocol and open-source cryptocurrency used to facilitate transactions and secure the network against malicious actors. It is designed to provide fast, secure, and reliable transactions with low transaction fees and scalability. Algorand (ALGO) is an asset-agnostic, proof-of-stake protocol used for transferring money, purchasing goods and services, sending messages securely, creating and deploying decentralized applications (dApps), tokenizing assets, and creating smart contracts. Algorand (ALGO) is a valuable asset for investors due to its low transaction fees, scalability, and security. It was created by Silvio Micali, a Turing Award-winning professor at MIT and renowned cryptography expert, and is managed by the Algorand Foundation.”

Buying and Selling Algorand

It is usually not currently possible to purchase alternative cryptocurrencies such as Algorand directly using US dollars. Investors seeking to trade Algorand should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Algorand using one of the exchanges listed above.

ALGO/USD price chart by TradingView